The impact of metaverse for business model innovation: A review, novel insights and research directions

Latino, Maria Elena; De Lorenzi, Maria Chiara; Corallo, Angelo; Petruzzelli, Antonio Messeni

doi:10.1016/j.techfore.2024.123571

Technological Forecasting and Social Change

2024

DOI: 10.1016/j.techfore.2024.123571

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The impact of metaverse for business model innovation: A review, novel insights and research directions

Maria Elena Latino,

Maria Chiara De Lorenzi,

Angelo Corallo

et al.

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2024

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Cited by 4 publications

References 104 publications

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Modeling barriers to the adoption of metaverse in the construction industry: An application of fuzzy-DEMATEL approach

Irfan,

Rauniyar,

et al. 2024

Applied Soft Computing

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Modeling barriers to the adoption of metaverse in the construction industry: An application of fuzzy-DEMATEL approach

Irfan,

Rauniyar,

et al. 2024

Applied Soft Computing

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Contribution to accelerated internationalization with digital forensic accounting and metaverse circular business model innovation for Vietnam-based SMEs

Huy,

Phuc

2024

J Innov Entrep

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Enhancing Digital Identity: Evaluating Avatar Creation Tools and Privacy Challenges for the Metaverse

Alcántara,

Tasic,

Cano

2024

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This study explores the process of creating avatars for Virtual Reality and metaverse environments using a variety of specialized applications, including VRChat, Ready Player Me, VRoidStudio, Mixamo, Convai, and MetaHuman. By evaluating these platforms, the research identifies the strengths and limitations of each tool in terms of customization, integration, and overall user experience. The practical implementation focuses on avatar creation within Unity and Unreal Engine, highlighting the technical aspects of rigging, animation, and real-time rendering. The study also delves into the broader implications of avatar use, particularly concerning privacy and security. Our findings reveal that while each platform offers unique advantages, the choice of tool significantly impacts the visual fidelity and performance of avatars in virtual environments. For the ease of use, Ready Player Me stands out with its intuitive interface. VRoidStudio is notable for its high degree of customizability, allowing for detailed avatar personalization. In terms of high-quality graphics, MetaHuman leads the way with its advanced graphical fidelity. At the same time, while some platforms excel in personalizing avatars or integrating with development environments (VRoidStudio, Ready Player Me), others are constrained by their limited flexibility or their platform-specific availability (MetaHuman, Mixamo). Understanding the technical intricacies of these tools is crucial for developing more immersive and secure metaverse experiences.

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The impact of metaverse for business model innovation: A review, novel insights and research directions

Cited by 4 publications

References 104 publications

Modeling barriers to the adoption of metaverse in the construction industry: An application of fuzzy-DEMATEL approach

Modeling barriers to the adoption of metaverse in the construction industry: An application of fuzzy-DEMATEL approach

Contribution to accelerated internationalization with digital forensic accounting and metaverse circular business model innovation for Vietnam-based SMEs

Enhancing Digital Identity: Evaluating Avatar Creation Tools and Privacy Challenges for the Metaverse

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